Trans-Caspian Gas Pipeline: New Hopes?
7/2/2009Robert Cutler lucidly analyzes the rationale for a Trans-Caspian Pipeline - one that could decisevely enhance the Nabucco project, otherwise unlikely to get funded…
As Russia and China seek to augment their influence over the development of Kazakhstan’s energy production, Astana looks for other routes to overcome the restraints. The reinvigoration since 2007 of prospects for a Trans-Caspian Gas Pipeline (TCGP) with Turkmenistan’s participation creates the possibility for Kazakhstan, which already cooperates with Azerbaijan on trans-Caspian oil shipments, to participate also with gas exports. Delays in the development of the offshore Kashagan field make associated gas from the onshore Tengiz oilfield the first candidate for such exports.
